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STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended 18 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Cash Flows From Operating Activities      
Net loss $ (2,020,616) $ (320,782) $ (5,511,294)
Common stock and options issued for services 1,222,626   2,224,127
Warrant derivative liability 124,945   1,661,720
Accumulated Depreciation 318   318
Increase (decrease) in trade accounts payable (11,620) 35,182 109,170
Increase (decrease) in accrued liabilities     (14,738)
Net Cash Used in Operating Activities (684,347) (285,600) (1,530,697)
Cash Flows From Investing Activities      
Investing in fixed assets (3,817)   (3,817)
Investment in mining rights project (379,936)   (581,550)
Net Cash Provided (Used) by Investing Activities (383,753)   (585,367)
Cash Flows From Financing Activities      
Proceeds from exercise of warrants for common stock to be issued     1,360,000
Purchase treasury stock     (60,000)
Proceeds from issuance of common stock   525,000 894,900
Net Cash Provided (Used) by Financing Activities   525,000 2,194,900
Net Increase (decrease) in Cash (1,068,100) 239,400 78,836
Cash at Beginning of Period 1,146,936    
Cash at End of Period 78,836 239,400 78,836
Non-Cash Investing and Financing Activities:      
Investment in mining rights in accounts payable $ (41,998)   $ 67,217